Trump pledges to transfer sanctioned Venezuelan oil to US markets
US President Donald Trump has revealed a plan to move up to 50 million barrels of Venezuelan oil to the United States
WASHINGTON, United States (MNTV) – US President Donald Trump has revealed a plan to move up to 50 million barrels of Venezuelan oil to the United States, framing the move as a joint benefit for both nations.
The proposal follows a US-backed operation in Venezuela and places the handling of oil revenues under direct presidential oversight, raising geopolitical and energy security questions closely watched in Türkiye and beyond.
Writing on his Truth Social platform, Trump stated that interim authorities in Caracas had agreed to the transfer, with the crude to be sold at market rates under US control, a move he said would serve both Venezuelans and Americans.
Trump said the proceeds from the Venezuelan oil sales would be managed directly by the US presidency, stressing that the funds would be allocated “to benefit the people of Venezuela and the United States.”
He added that US Energy Secretary Chris Wright had been instructed to carry out the plan without delay, with shipments transported on floating storage vessels and unloaded directly at US ports.
The announcement followed a major US military operation in northern Venezuela, where airstrikes targeted air defense systems and communications facilities.
At the same time, US special operations forces carried out a raid in Caracas, detaining President Nicolas Maduro and his wife, Cilia Flores. During their initial court appearance on drug- and weapons-related charges, both pleaded not guilty, according to US officials.
The Trump administration has linked the intervention to a renewed interpretation of the Monroe Doctrine, presenting it as a campaign against alleged narco-trafficking and corruption while also emphasizing access to Venezuela’s vast oil reserves.
The developments are being closely monitored by regional and global actors as they carry implications for energy markets, international law and power balances across the Americas.